TUGAS MATA KULIAH

UNIVERSITAS TERBUKA
SEMESTER : 2021/22.2

NAME : SELLA AISYAH

NIM : 042607333
CLASS : 3.C MANAJEMEN
Kode/ MK: ADBI4201 / BAHASA INGGRIS NIAGA
UPBJJ : PALEMBANG ( PANGKALAN BALAI )

TOPIK ESSAY :

A. Business cycle is the most powerful tool to measure economic performance.

Do you agree or disagree with the statement..?
The business cycle is a movement pattern that describes economic conditions
(up or down) regarding aspects of expansion conditions and peak conditions of a
movement of a country's business economic activity that will have a positive
influence on the performance of a company.
the question is whether you agree or disagree with the statement..?.
yes I agree with the statement because the business cycle can help us to predict
the business in the future. This is important in forecasting the future direction of the
economy, which is important information in preparing a business plan.
Although only looking at the movement of the ups and downs of economic
output, the business cycle also has implications for other economic variables, such as
inflation, consumer demand, unemployment, consumer confidence, and business
investment.
Cycles also affect interest rates, taxes, and fiscal balances as policymakers
adopt economic policies to avoid worse conditions. For example, during an economic
contraction, we expect that the central bank will lower interest rates. Lower interest
rates will stimulate consumer spending and business production.
In addition, the business cycle can be observed and estimated using a general
approach known as business cycle indicator analysis. In the analysis process, the
business cycle indicators are divided into 3 groups of indicators: predecessor,
concurrent and follower.
 1. The precursor indicator is marked by the movement of a set of economic
variables that precede the movement of economic activity. This precedent
process occurs in the aggregate.
2. Concomitant indicators are movements of a set of economic variables that
coincide with the movement of economic activity. Both processes also occur
in the aggregate.
3. While the follower indicator is the movement of a set of economic variables
that follow the movement of economic activity.
so many explanations of the essay on the topic of the business cycle is the most
powerful tool to measure economic performance, I thank you.